Odisha Allows Registration of Pre-RERA Apartments, Easing Homebuyers Woes
Dated on: Wednesday 5th February 2025The Odisha government has allowed the registration of apartments completed before RERA's implementation on February 25, 2017. This move addresses challenges faced by homeowners unable to register sale or transfer deeds due to ambiguities in the Odisha Apartment (Ownership and Management) Act 2023. The Housing and Urban Development department has issued a notification, ensuring that registration authorities cannot deny registrations for pre-RERA apartments. This decision is expected to revive the real estate market and provide relief to homebuyers. However, experts seek clarity on defining completed projects and the status of those without occupancy certificates.
More News
Copyright © 2024 RERA Filing. All rights reserved.